期刊名称:Federal Reserve Bank of St. Louis - Regional Economist
出版年度:2015
出版社:Federal Reserve Bank of St. Louis
摘要:s the population of the world 's devel- oped economies grows older, the causal effect of aging on the macroeconomy is bou nd to land at the top of academic and policy research agendas. This effect can be seen most clearly through the lens of labor markets. In the U.S., aging features prominently in the debate on causes of the declining labor force participation r ate. 1 Also, labor market "fluidity," or the flows of jobs and workers across employers, has decreased partly in response to an aging population. 2 Simila rly, the decline in the business sta rtup rate in the U.S. over the past 30 years has been la rgely attributed to an aging workforce. 3 Some have also questioned whether aging of the population is a cause of the low inflation in the U.S. since the 2007-09 recession